Ahren Acquisition Corp. (AHRNU) Prices Upsized $275M IPO


Ahren Acquisition Corp. (AHRNU) Prices Upsized $275M IPO

Dec 14, 2021 IPOs by Marlena Haddad

Ahren Acquisition Corp. announced the pricing of its upsized $275 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “AHRNU” Wednesday, December 15.

The new SPAC intends to focus on high-growth, domain-leading companies fueled by breakthrough deep technology and/or deep science. The Company believes that it is well-positioned to pursue initial business combination opportunities within its four domains of interest: Planet & Efficient Energy; Brain & Artificial Intelligence; Genetics & Platform Technologies; and Space, Robotics & Physics. Ahren is led by CEO Alice Newcombe-Ellis, CFO Elliot Richmond, and Science Partner Sir Shankar Balasubramanian.

Total SPAC deal count for 2021 year-to-date is now 596. This offering is expected to close on Friday, December 17.

Citigroup Global Markets, Inc. is the underwriter for the offering. White & Case LLP is serving as Issuer’s Counsel with Paul Hastings LLP serving as Underwriter’s Counsel. BDO, USA LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.